While you read this millions of dollars are stake on global scale. People are betting on the outcomes of various sporting events like soccer, hockey, basketball, etc with the hope of winning, improving their financial condition. This really is a normal human desire. But the question is, are the betters improving their financial conditions? Available evidence suggest that a vast majority of the betting public are on the losing end as well as the book making industry continues to expand. What are the reasons due to this state of affairs? The main reason for this state of affairs will be the forecasting methods of the betting public and also a lack of well-defined betting strategy. Lets take a look at this factors one after another.
Forecasting methods like form analysis, head to head meets and also the like lack underling scientific underpinnings therefore cannot produce reliable predictions. Their so called short-term advantage are erased by their long-term disadvantages. It is unsurprising to be aware that this method is openly publicized by some bookmakers. Come to think of it. No bookmaker in his right senses would publicize a real forecasting method that works. I think this really is simple logic. Nobody works against himself.
From years of research on this topic a lot of bitter truths have become evident. One of these is the fact that a vast majority of sports are unfortunately unpredictable. The number of predictable events is within the selection of between the rate of 20 -30%.
A second truth is the fact that 80% of the predictable events have odds of between 1.3 and 1.7. This is meant as a general guide
The first problem will be the prediction methods. A vast majority of the forecasting methods have no underlying scientific basis. A 50-50 sort of thing. That is why precisely what the better may win within the short run is eventually lost within the long term. This is indeed a sorry state of affairs and also the better have come to believe which it cannot improve. But that is not true. Years of my research in soccer forecasting led to the discovery of the fundamental laws of league soccer which permits a dependable and accurate forecasts of soccer and other sports events. The truth is that the outcome of soccer and other sport matches may be predicted scientifically. You can make money from betting but it can not and must not replace your regular job. There is a reason behind this. The main reason is that those matches which is often predicted with a high level of accuracy do not come up every now and then and also the odds for such events are typically not high. Using a scientifically founded method like the one expounded in my above-mentioned books the greater will be able to recognize such events and earn money on such events he should be able to make money. The practice of daily betting is doomed to fail this may be scientifically proven. In almost any league system from time to time there is a turn up of predictable events.
